News

Kraków boasts lowest vacancy countrywide

schedule 07 November 2014
Rafał Ostrowski
journalist

POLAND Companies looking for ready-to-use class ‘A’ office space over 3,000 sqm in Kraków may currently have a problem finding it, according to a report by JLL.

Only 5,300 sqm completed in Kyiv

schedule 07 November 2014
Rafał Ostrowski
journalist

UKRAINE In Q3 only 5,300 sqm of office space was completed on the Kyiv market, almost four times less than in the same time last year, according to JLL.

Estonian cinema chain expands to Latvia

schedule 07 November 2014
Anna Pakulniewicz

LATVIA Estonian cinema operator Apollo Kino plans on opening a cinema complex in Riga in 2016, according to baltic-course.com.

Investment & finance

Ronson increases sales in Q3

schedule 07 November 2014
Agata Kłapeć

POLAND In the first three quarters of the year, Polish residential developer Ronson has sold 565 units, a 36 pct y-o-y increase. The company now expects its 2014 sales to exceed the number of 700 apartments, 50 units more than earlier anticipated.

Prime warehouse space in Moscow exceeds 10 mln sqm

schedule 07 November 2014
Rafał Ostrowski
journalist

RUSSIA Over the first nine months of the year, a total of 928,000 sqm of new warehouse space was completed, which brings the total volume of prime warehouse space in the Moscow market to 10.14 mln sqm, according to Colliers International.

Investment & finance

Atrium buys AFI Palác Pardubice for EUR 83 mln

schedule 06 November 2014
Nathan North
managing editor (English section)

CZECH REPUBLIC Atrium European Real Estate has acquired the AFI Palác shopping centre in Pardubice from AFI Europe for EUR 83 mln.

Warehouse & industrial

UPS breaks ground for Polish hub

schedule 06 November 2014
Agata Kłapeć

POLAND US-based parcel delivery giant UPS has laid cornerstone for its new logistics hub and distribution centre that are currently being built in Stryków near Łódź by Panattoni Europe. The 13,000 sqm facility is scheduled to open in the first half of 2015.

Green projects

Kulczyk Silverstein Properties gets greener

schedule 06 November 2014
Tomasz Szpyt-Grzegórski

POLAND Starting in January 2015, all office buildings owned and managed by Kulczyk Silverstein Properties (KSP) will consume only renewable energy derived from wind farms.

Architecture and urban planning

Warsaw University of Technology announces winners

schedule 06 November 2014
Tomasz Szpyt-Grzegórski

POLAND Warsaw University of Technology and the Warsaw branch of the Polish Association of Architects have announced the winners of the competition called for the architectural and urban plan of the University’s central campus.

Polish warehouses still on the rise

schedule 06 November 2014
Aneta Cichla

POLAND The amount of warehouse space in Poland is growing and the vacancy rate is decreasing, according to the latest study by Colliers International.

Investment & finance

UGL completes sale of DTZ

schedule 06 November 2014
Nathan North
managing editor (English section)

WORLD UGL has finalised the sale of its property services business DTZ for AUD 1.215 bln to the TPG and PAG Consortium.

Residential

Mostostal Warszawa to build Espresso

schedule 05 November 2014
Tomasz Szpyt-Grzegórski

POLAND Polish construction company Mostostal Warszawa has been chosen as the general contractor of the next stage of Espresso, a Ronson Development residential project that is being developed on ul. Jana Kazimierza in Warsaw’s Wola district.

Retail & leisure

Victoria enters Vykhodnoy

schedule 06 November 2014
Rafał Ostrowski
journalist

RUSSIA Supermarket chain Victoria has singed a 3,500 sqm lease for space in the Vykhodnoy shopping centre, which is being developed by Brack Capital Real Estate (BCRE) in the Moscow suburb of Lyubertsy.

Two Trinity Park III tenants renew and expand leases

schedule 06 November 2014
Anna Pakulniewicz

POLAND Two tenants of the Trinity Park III office building in Warsaw, Amadeus Polska and Marketplanet, have decided to prolong and expand their leases.

Office & mixed-use development

Warsaw’s Universal auctioned off

schedule 06 November 2014
Tomasz Szpyt-Grzegórski

POLAND Bankruptcy trustee of Metro-Projekt has finally found a buyer for Universal, an office building located at the heart of Warsaw city centre.

Warehouse & industrial

Prologis to build 31,000 sqm for Mall.cz

schedule 06 November 2014
Nathan North
managing editor (English section)

CZECH REPUBLIC Prologis has signed a lease agreement with online retailer Mall.cz to develop a 31,000 sqm BTS facility at Prologis Park Prague-Jirny.

Retail & leisure

H&M chooses Sonata Park

schedule 06 October 2014
Aneta Cichla

POLAND Swedish fashion retailer H&M is set to open its store in the Sonata Park retail park which is currently under construction in Sochaczew.

Retail & leisure

Komfort in Galeria Sudecka

schedule 06 October 2014
Tomasz Szpyt-Grzegórski

POLAND Polish carpeting retailer Komfort is set to open its store in the Galeria Sudecka retail park in Jelenia Góra, which will be built next to the Galeria Sudecka shopoing centre.

Residential

Robyg returns to Warsaw’s Żoliborz

schedule 06 October 2014
Tomasz Szpyt-Grzegórski

POLAND Polish developer Robyg is starting another project in Warsaw’s Żoliborz district. The two-building Modern Żoliborz Residence will house app. 140 apartments.

Hotels

Hilton Prague on the market

schedule 05 November 2014
Nathan North
managing editor (English section)

CZECH REPUBLIC The Hilton Prague, the largest hotel in the Czech Republic, has been put up for sale.

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